We live in a world that is always making a deal – compromising one thing for the other. The world does...
Owners of luxury, semi-luxury and semi-luxury dual purpose vehicles will now have to pay all taxes payable to the Department of Motor Traffic (DMT) before the expiry of 60 days from the anniversary date of the vehicle registration or end of the tax year or whichever comes first.
The Colombo Stockbrokers Association (CSBA) recently launched a code of ethics and website to promote best practices and standards among its membership.
A possible global gold price crash as predicted by certain analysts, either this year or next year, has prompted Sri Lankan banks to take a more cautious approach in carrying out pawning businesses.
The second international airport in Mattala is both a challenge as well as an opportunity to strengthen the commercial aviation skies of Sri Lanka. From the inception, to speed up the progress of Mattala, it is necessary to define the personality of this airport, which has certain uniqueness.
Depressed export earnings continued into year 2013 with January figures declining 18.2 percent Yearon-Year (YoY) to US $ 726.7 million, despite trade deficit narrowing 24 percent YoY to US $ 780.4 million, data released by the Central Bank showed.
Tea sector stakeholders need to be mindful of their cost competitiveness in relation to global costs, especially due to the emergence of new producer countries with lower costs posing a threat to local teas, a leading plantation company official stated.
The Market Research Society of Sri Lanka (MRSSL) is now seeking tax concessions for the profession through provisions in Budget 2013.
Sri Lanka’s market interest rates will ease this year as the Central Bank maintains a loose monetary policy stance despite high lending rates and a recent spike in Treasury bill yields, the head of t he monetary authority said yesterday.
The International Rubber Study Group (IRSG) has in its latest report analyzed the rubber industry outlook, and this appears to indicate a balanced outlook in terms of demand/ supply equation, during the forecast period.
During the induction ceremony of the new Director General/CEO, Deputy Director General and the new Principal, held a few months ago, The Chairman of the Sri Lanka Institute of Tourism and Hotel Management (SLITHM) said:
Royal Ceramic PLC (RCL) last week completed the sale of the controlling stake of Asia Siyaka PLC to Lanka Commodity Brokers Ltd, using a special approval granted by the country’s market regulator.
State banking giant, Bank of Ceylon (BOC) with an asset base of over one trillion rupees saw its group net profits in December quarter declining 16 percent to Rs.3.5 billion from the corresponding quarter in 2011, according to the quarterly financial statements released recently.
One of the biggest obstacles of attracting foreign direct investments (FDIs), development finance and portfolio investment to Sri Lanka is her neighbour, India, a promoter of Colombobased private equity fund told Mirror Business in a brief interview.
When a company goes public through an initial public offering (IPO), an investment bank evaluates the company’s current and projected performance and health to determine the value of the IPO for the business.
Continuing with our Blue Ocean Strategy basics series, today we will highlight ‘Tipping Point Leadership’ and the ‘Four Organisational Hurdles’ to strategy execution.
A good Blue Ocean Strategy will have three defining characteristics:
Dialog Axiata PLC announced yesterday that it had secured the 10 MHz tranche of Mobile 4G LTE Spectrum auctioned by the Telecommunications Regulatory Commission of Sri Lanka.
The World Bank has provided US $ 200 million to further enhance health sector services in Sri Lanka, a communiqué by the Colombo office of the global lender said.
The Colombo Stock Exchange (CSE) opened its 6th branch office in Anuradhapura yesterday.
An overview of the state of Solar PV installation in the Sri Lankan hotel industry was carried out recently...
Stocks ended tad weaker yesterday to hit a one-week low despite foreign inflows, as investors were worried over upward pressure on interest rates after yields in Treasury bills rose for a fourth straight week.
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